The currency that the new governor of the Bank of England is leaving behind, managed to quietly slip to a 10-week low on Friday. It was not even in sympathy to its sister currency’s plight ‘down-under.’ Friday’s reasons had more to do with its domestic CPI print proving that inflation can still surprise on the downside. This seems to be the new global reality – domestic inflations are benign.
However, it’s not governor Carney’s concern anymore. When monsieur Poloz takes [...] read more



